e-journal

German Public Finances through the Financial Crisis

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Abstract:
The German experience of the financial crisis was very different from that of most other European countries. Germany was hit by a very strong shock that was relatively concentrated in the exporting, manufacturing industries. In addition, the German labour market was very resilient during the crisis due to earlier labour market reforms and policy instruments facilitating labour
hoarding. As a consequence, the public finances were only moderately affected and not many policy reforms had to be enacted. This paper presents the German experience of the financial crisis. We start by presenting the macroeconomic situation and how the crisis unfolded in Germany, before focusing on the situation of the public finances. Finally, we analyse the policy responses to the
financial crisis.

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Ketersediaan

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Informasi Detail

Judul Seri

FISCAL STUDIES

No. Panggil

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Penerbit

: Fiscal Studies, Institute for Fiscal Studies., 2015

Deskripsi Fisik

FISCAL STUDIES, vol. 36, no. 4, pp. 453–474 (2015)

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

vol. 36, no. 4, (2015)

Subjek

FISCAL STUDIES

Info Detail Spesifik

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Pernyataan Tanggungjawab

deliza

Versi lain/terkait

Lampiran Berkas

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